HR7675119th CongressWALLET

Securing Partner Supply Chains Act

Sponsored By: Representative Castro (TX)

Introduced

Summary

Creates a U.S. Initiative to help partner countries screen foreign investment for national security risks. The Initiative would be set up within 180 days and last three years while offering training, regulatory guidance, and coordination to protect critical infrastructure, sensitive technology, and supply chains.

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  • Partner countries would receive technical assistance, training, and help designing investment‑screening rules, and the Initiative would assess their progress in implementing those mechanisms.
  • The State Department would lead the Initiative through the Under Secretary for Economic Growth, Energy, and the Environment or a designee and would coordinate across U.S. agencies, the private sector, and civil society to promote common investment‑security standards.
  • The Secretary of State would submit annual reports to the House Foreign Affairs Committee and the Senate Foreign Relations Committee for up to three years, summarizing assistance provided, assessing partner progress, evaluating emerging risks, and recommending further engagement.

Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Help for partner countries to screen investments

This bill would require the Secretary of State to create an Initiative on Foreign Investment Screening within 180 days of enactment. The Initiative would end three years after it starts. The Secretary would name the Under Secretary for Economic Growth, Energy, and the Environment (or that person's designee) to lead it and coordinate with other U.S. agencies. The Initiative would give partner countries technical assistance, training, and advisory services on how to screen foreign investment for national security risks. It would share regulatory guidance, promote coordination with U.S. agencies, the private sector, and civil society, assess partner-country progress, and run outreach and capacity-building. The Secretary would send a report to the House Foreign Affairs and Senate Foreign Relations Committees not later than one year after enactment and annually for three years. Each report would summarize training and assistance, assess partner progress, evaluate emerging risks, recommend further U.S. engagement, and explain any new partner-country designations. The bill also defines key terms like “foreign investment,” “national security risk,” and “partner country.”

Sponsors & CoSponsors

Sponsor

Castro (TX)

TX • D

Cosponsors

  • Kim

    CA • R

    Sponsored 2/25/2026

Roll Call Votes

No roll call votes available for this bill.

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